Posted on 06/15/2004 10:00:40 AM PDT by NorCoGOP
Don't forget the state's hand out. Here in the Pacific Northwest, the state charges $.28 on every gallon of gasoline. That was passed by our state demoncRAT-controlled House and Repub-controlled Senate and signed by our very demoncRAT governor, who prides himself as a first-generation Chinese American, in April 2003 via $.05 increase.
I was a little harsh...
Having been in the refinery, chemical and power plant building business (Industrial Construction) since 1977 I find it sad that so few understand industry.
It amazes me how conservative capitalists will even react emotionally about gas prices without doing the research that would be normal to them on any other subject.
Like the article said, if you average gas prices the last 80 years and adjust for inflation they are 10 cents a gallon lower than average.
Historically, gasoline and petroleum products in general are price stable for long periods, up to ten years or more, and then rise rapidly and stabilize again.
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